joel1974@lemmy.world to Ask Lemmy@lemmy.world · 2 months agoWhy do people think the stock market is going to crash Monday because of Trump's tariffs?message-squaremessage-square22fedilinkarrow-up114arrow-down11file-text
arrow-up113arrow-down1message-squareWhy do people think the stock market is going to crash Monday because of Trump's tariffs?joel1974@lemmy.world to Ask Lemmy@lemmy.world · 2 months agomessage-square22fedilinkfile-text
I put an order in to sell my VOO shares. I just cancelled it. Hopefully nothing happens Monday. A slight drop is all.
minus-squareearphone843@sh.itjust.workslinkfedilinkEnglisharrow-up2·2 months agoWhat? You make a profit when you sell it for more than you paid for it. Any growth before the sale is unrealized gains.
minus-squarekernelle@0d.gslinkfedilinkarrow-up0arrow-down3·2 months agoThanks for explaining how profits work lmao Saying you make your profit when you buy the stock means you have a clear plan on when you’ll be selling the stock. A dip in your stocks is an opportunity to buy, not to sell.
What? You make a profit when you sell it for more than you paid for it. Any growth before the sale is unrealized gains.
Thanks for explaining how profits work lmao
Saying you make your profit when you buy the stock means you have a clear plan on when you’ll be selling the stock. A dip in your stocks is an opportunity to buy, not to sell.